China steel futures close higher

SHANGHAI - Steel futures closed higher Wednesday in daytime trading on the Shanghai Futures Exchange.

The most active construction steel rebar contract for January 2021 delivery was up 4 yuan (59 US cents) to close at 3,778 yuan a ton.

The most active January 2021 contract for hot rolled coils, mainly used in cars and appliances, was up 9 yuan to close at 3,934 yuan a ton.